Dell shareholders OK Michael Dell's $25B buyout proposal

Michael Dell, chairman and chief executive officer of Dell Inc., speaks to fellow delegates in the Congress Center on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Friday, Jan. 25, 2013. Photographer: Jason Alden/Bloomberg

New York — Dell founder and Chief Executive Officer Michael Dell has won shareholder approval for a planned $24.9 billion buyout, capping a seven-month standoff with investors and gaining free rein to attempt a turnaround of the struggling personal-computer maker outside the glare of public markets....